There is A lot to Consider When Buying a Vancouver Condo with Commercial Space Below

Blog by Ian Watt | January 4th, 2010

Vancouver Condo Real Estate Video Blog #464 - January 5, 2010

There is A Lot to Consider When Buying a Vancouver Condo with Commercial Space Below

Ian Watt video blogs about how there is a lot to consider when buying a Vancouver condo with commercial space below the residential units and its important to find what kind of businesses can occupy the spaces and how they vote in regards to common area repairs. If you want to voice your opinion or if you don't care for Ian's comments please email your feedback to ianwatt@ianwatt.ca and visit http://www.ianwatt.ca/RealEstateVideos for all the Ian Watt Real Estate Video Blogs.

Ian Watt: Hi Good Afternoon its Ian Watt in Downtown Vancouver. If you're
thinking of buying a place in Downtown that's a strata property that
has commercial space down below. It's very important to dig very deep
and find out exactly what kind of zoning they have and find out what
businesses can go in there because it would be really terrible if two
years down the road that nice little bakery that emanates all that nice
smell in the morning, that coffee shop goes and then they have a nail
bar that stinks up the place or a Kenny Rogers chicken with the
flashing sign in the window that will be a little unfortunate and it
would be very difficult to sell your strata unit after that, so it's
very important to dig deep on the mixed use, if there's commercial plus
residential within one strata. You find out also how can they vote and
how those two strata's work together very important things to think
about if you're buying a condo in Downtown Vancouver. My name is Ian Watt. If you have any
questions you can always email at ianwatt@ianwatt.ca. Thank you very much and have a great day!